Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (105047)	4/13/2000 12:28:00 PM
From: Pravin Kamdar	Read Replies (1) of 1574045

It looks like the average analyst EPS estimate has gone up to about $5.00 per share for year 2000. The Market has decided to reward AMD, one of the fastest growing tech stocks, with a PE of less than 16. Let's forget this "Market Darling" crap. The market still hates AMD. Can institutional investors really be this stupid? Probably not. There is something to Steve Porter's option theory. We all saw it on expiration last month. I don't think the powers that be will let AMD rise until the week after expiration. Then, I think we will move towards $110 by the end of the first week in May. Pravin.

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